Rancho Santa Margarita's Dove Canyon - No New Bank-Owned Properties This Week
By Kelly Kilpatrick, Broker-Associate
Dove Canyon, like most communities in South Orange County has been hit by a wave of short sales and foreclosures. Unlike some of the surrounding areas, however, there have been a number of standard sales mixed in with the special condition sales. This past week there were three new listings in Dove Canyon - and none of them were short sales or REOs. So what does that mean in terms of market trends? On it's own, probably not too much, but combined with a number of other factors however, it might pay to look a little closer at Dove Canyon. If you're looking to purchase in a beautiful gated community, this might just be the market you're looking for. 13 Greenspring, in the Waterford Crest tract is a beautiful property with a slightly higher price tag than 27 Lawnridge, the last model m...
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